HSBC UAE

Corporate Tariff and Charges

Effective 1 June 2015

Issued by HSBC Bank Middle East Limited U.A.E Branch, P.O. Box 66, Dubai, U.A.E, regulated by the Central Bank of the
U.A.E for the purposes of this promotion and lead regulated by the Dubai Financial Services Authority. V160330
 HSBC UAE - Tariffs and Charges.

Account Services
June 2015

Current Accounts
Minimum monthly average balance AED 20,000 or equivalent in foreign currency
Monthly service charge below average balance AED 150 or equivalent in foreign currency
Call Deposits
Minimum balance AED 50,000 or equivalent in foreign currency
Monthly service charge below AED 50,000 No interest paid
Monthly service charge below AED 25,000 AED 150
Relationship Balance (Current & Call Accounts)
Combined monthly average balance AED 100,000 or equivalent in foreign currency
Service charge below relationship balance Respective account monthly service charge applies
Time Deposits
Minimum balance AED 50,000 or equivalent in foreign currency
Below minimum balance No interest
Early withdrawal service charge A processing charge of AED 100 will be levied, plus a penalty based on
prevalent market rates at the sole discretion of the Bank.
Account Transaction Charges Per Transaction
Up to 5 clearing cheque deposit transaction per month Free
Up to 5 cash deposit and 5 cash withdrawal transactions per month Free
More than 5 clearing cheques deposit, 5 cash deposit and 5 cash AED 20
withdrawal transactions per month
Bulk Deposit/ Withdrawal of coins AED10
Deposit/ Withdrawals of foreign currency notes 1% (minimum AED 25)
Issuance of Certificates Per Transaction
Audit confirmation AED 275
Duplicate Certificates/ Statements Per Month/ per document
Up to 3 months old AED 50
More than 3 months old AED 100
Other Services
Account closure (within 3 months from opening) AED 300
Statement reporting through SWIFT (monthly) AED 200
Express Banking Service (daily pick up) AED 1000/month
Express Cash Service
Scheduled pick up AED 100 before 1600 and AED85 after 1600
Ad Hoc Collections (Dubai/Sharjah/Abu Dhabi/Al Ain) AED 300
Express Cash processing fee AED 13 per 1,000 notes or part thereof
Cash delivery Within Dubai/Sharjah/Abu Dhabi delivered before 16:00, AED 250
Within Dubai/Sharjah/Abu Dhabi delivered before 16:00, AED 200
Ad Hoc Cash Delivery Dubai/Sharjah/Abu Dhabi/Al Ain, AED 300
 HSBC UAE - Tariffs and Charges.

Cheques
June 2015

AED Cheques Per Cheque

Issuance of Cheque Books AED 1 per leaf
(Cheque books available in
100 leaves only)
Non-compliant cheques collection fees (effective 15th May, 2012) AED 100
Non-compliant cheques inquiry (effective 15th May, 2012) AED 50
Purchase/ Discounting fee 0.125% (Minimum
AED 75) (a) plus overdraft
interest
Returned purchase/ discounted cheque handling fee AED 150
Foreign Currency Cheques Per Cheque
Issuance of Cheque Books AED 1 per leaf
(Cheque Books available in
100 leaves only)
Cheques sent for collection AED 100 (a)
Purchase/ Discounting fee AED 100 (a) plus
Overdraft interest
Returned purchase/ discounted cheque handling fee AED 150
Other Services Per Cheque
Safe keeping charge for post-dated cheques (PDC) AED 25
Withdrawal of PDC prior to maturity or replacement or extension of due date AED 50
Cheque return fee due to insufficient funds drawn on own account AED 250
Stop payment of cheques AED 100
Returned cheques not collected from branch counters within 15 days of intimation AED 100
per cheque/per month
(a) Additional correspondent/ other bank’s charges (if any, including HSBC outside the UAE) will apply as per actual.
 HSBC UAE - Tariffs and Charges.

Payments
June 2015

OUTWARD REMITTANCES 1,2,3 ELECTRONIC 4 SMARTFORM 5 MANUAL 5

Book transfer to own accounts within Free Free AED 10
HSBC UAE
Book transfer to other accounts within Free Free AED 10
HSBC UAE
International telegraphic transfer AED 55 AED 120 AED 140
Local/Central bank telegraphic transfer AED 45 AED 100 AED 110
Penalty fee for insufficient funds AED 25 AED 50 AED 50
Payment Referral - submission of AED 25 AED 25 AED 25
incomplete instruction9
Invalid/Non IBAN - Repair charges AED 25 AED 25 AED 25
for AED/FCY
Additional charge to send telegraphic transfers in full (all charges to debit account/charges OUR)
- Within HSBC Group AED 50
- Outside HSBC Group AED 100
Domestic AED payments via UAEFTS AED 111
CHEQUE OUTSOURCING (COS)
Cheque outsourcing one time set up fee AED 300
with signature option
Cheque outsourcing one time set up fee AED 250
without signature option
Cheque outsourcing monthly fee AED 200
Cashier orders - through COS AED 6
Demand drafts - through COS AED 15
Company cheque - through COS AED 4
CASHIER ORDER (COC)/DEMAND
ELECTRONIC 4 SMARTFORM 5 MANUAL 5
DRAFT (DD)
COC AED 30 AED 40 AED 40
International DD issuance AED 10 AED 20 AED 20
COC / International DD cancellation
AED 150
or stop payment
INWARD REMITTANCES
Central Bank UAE FTS inward credits AED 111
Foreign Currency inward credits AED 25
Foreign currency inward credits (involves Free
currency exchange)

AUTOPAY-OUT (ACH Credit Transfers) ELECTRONIC only

Issued to HSBC accounts (local currency) per item Free
Issued to third party bank accounts (local currency) per item AED 10
Wage Protection Services (WPS) Salary payments AED 5

AUTOPAY-IN (Direct Debit) ELECTRONIC only

Registration Fee AED 5,000
Maintenance Fee AED 500 / month
Mandate set up fee AED 25 / mandate
Mandate cancellation/amendment fee AED 25
Collection processing fee AED 5 per instruction
 HSBC UAE - Tariffs and Charges.

Payments
June 2015

Standing Instructions Electronic Manual

Set up Free AED 50
Amendment Free AED 100
Penalty fees AED 50 AED 50
Cancellation of SI Free AED 25
Payment - Post processing services
Payment Investigation (amendment/ cancellation / recall of AED 150 + AED 80 per follow up cable message
remittance funds/beneficiary claims non receipt) (maximum charge of AED 500), correspondent bank charges if any
Returned items waived11
Returned items - other currency AED 100
Retrieval of swift copies/customer payment instruction/transaction data
Retrieval of data up to 3 months AED 50
Retrieval of data for more than 3 month history AED 150
HSBCnet Channel (Corporate)
Set up charge includes:
AED 500
5 security devices, account loading and initial training
Additional Security Device (per token) AED 100
Additional training (per visit) AED 500
Password reset Free
Additional system administrator Free
Portfolio maintenance (per month) AED 300
End of the day outward bank statement charges AED 200
(MT 940) - (per account per month)
Intraday outward bank statement charges AED 350
(MT 942) - (per account per month)
Inward bank statement charges from third party banks AED 70
(MT 940/MT 942) - (per account per month)
HSBCnet Channel (Business)
Set up charge includes:
AED 300
account loading and initial training
Security Device (per token) AED 100
Additional training (per visit) AED 500
Password reset Free
Additional system administrator Free
Portfolio maintenance (per month) AED 200
End of the day outward bank statement charges AED 200
(MT 940) - (per account per month)
Intraday outward bank statement charges AED 350
(MT 942) - (per account per month)
Inward bank statement charges from third party banks AED 70
(MT 940/MT 942) - (per account per month)
HSBCnet File Upload - File Processing Charges
Number of files per month submitted on HSBCnet Pricing per file
100 and above AED 10
Below 100 AED 30
 HSBC UAE - Tariffs and Charges.

Payments
June 2015

Notes:

1) These are HSBC UAE (HSBC) charges only. Other beneficiary bank (ie third-party bank or other HSBC Group office) charges
may be deducted from the remitted amount.

2) The beneficiary of a remittance may be required to pay additional charges depending on the conditions set by the remitter,
remitting bank or beneficiary bank.

3) The prevailing exchange rate will apply to all cross-currency transactions.

• Value date is subject to local payment cut-off times and holidays

• In cases where the correspondent/intermediary charge claims are substantially higher than the above fee, HSBC reserves
the right to recover the difference
• Some beneficiary banks may deduct charges from remitted account. In cases where the correspondent/ intermediary
charge claims are substantially higher than the above fee, HSBC reserves the right to recover the difference.

4) Electronic: Payment instructions originating from electronic banking channels (HSBC Connect, HSBCnet, SwiftNet, Automated
Standing Structure).

5) Manual: Payment instructions originating from branches and telephone banking.

6) Payment investigation: When an HSBC customer raises a special request to HSBC for investigation of an issued payment
instruction.

7) Payment referral: When HSBC is required to refer the payment instruction to an HSBC relationship manager for approval or
back to an HSBC customer for additional information.

8) The schedule of fees and charges may change with 30 days notice.

9) Inward payments received by the customer may be subject to corresponding banking fees, which may be deducted from the
proceeds of payment.

10) As a consequence of executing transactions, HSBC may receive, give or share the commission, charges or income/revenue
with other entities. The fees, charges or commission charged directly by HSBC from its customer will be as per the applicable
schedule of tariff or otherwise agreed with the customer.

11) AED25 was revised to AED1 effective 11th April 2015 as per UAE Central Bank guidelines. Post processing service fees for
returning local payments have also been waived.
 HSBC UAE - Tariffs and Charges.

Commercial Cards Tariff Sheet - Commercial Banking

June 2015

Standard Card Gold Card Gold Card (USD) Purchasing Lodged Card
Card fee AED 150 AED 400 USD 125 AED 400 AED 50
Finance charge per month 1.75% 1.75% 1.5% 1.75% 1.75%
Finance charge on cash advance
2.7% 2.7% 2.7% N/A N/A
per month
Minimum payment 100% 100% 100% 100% 100%
Cash advance fee 2.7% 2.7% 2.7%
N/A N/A
or AED 100 (min) or AED 100 (min) or USD 27 (min)
Late payment fee AED 150 AED 150 USD 40 AED 150 AED 150
Copy of sales slip AED 25 AED 25 USD 10 AED 25 AED 25
Copy of card statement AED 25 AED 25 USD 10 AED 25 AED 25
Returned cheque AED 100 AED 100 USD 27 AED 100 AED 100
Charge for disputing
a transaction subsequently AED 100 AED 100 USD 27 AED 100 AED 100
found genuine
Foreign currency transactions

(Card transactions not in your

up to 2.8% up to 2.8% up to 2.8% up to 2.8% up to 2.8%
billing currency will be converted
at a wholesale market rate
attracting a processing fee)

SDOL Charges
Annual Fee AED 750
Implementation fee (one time) AED 500
Training fee (one time) AED 500
User Registration Fees (Per User) AED 100
Lodged SDOL Charges
Annual Fee AED 100
Additional User registration fee AED 50
 HSBC UAE - Tariffs and Charges.

Payment allocation:
June 2015

Payments to your credit card account will be applied in the following order:

• Balances on promotional interest rates

• Fees

• Billed cash advances

• Billed purchases

• Unbilled fees

• Unbilled cash advances

• Unbilled purchases
 HSBC UAE - Tariffs and Charges.

Global Liquidity Solutions

June 2015

Liquidity Solution (Applicable to all products) One-time

Initial setup fee USD 2,500 / AED 9,175
Amendment charges (Include any change to existing solution and / or termination) USD 500 / AED 1,835
Domestic Cash Concentration Per account per month
Daily sweep charges USD 175 / AED 645
Weekly sweep charges USD 80 / AED 295
Monthly sweep charges USD 40 / AED 150
Cross Border Cash Concentration Per account per month
Daily sweep charges USD 250 / AED 920
Weekly sweep charges USD 100 / AED 365
Monthly sweep charges USD 60 / AED 220
Domestic Single Currency Notional Pooling Per account per month
Service charges USD 150 / AED 550
Interest Enhancement Facility Per account per month
Service charges USD 150 / AED 550
Interest Optimisation Facility Per account per month
Service charges USD 150 / AED 550
 HSBC UAE - Tariffs and Charges.

Imports
June 2015

DC Opening Commission
Standard Irrevocable DC First AED 100,000 0.155% per month (minimum 3 months)
Import DCs via HSBCnet - internet for trade services 0.1% per month (minimum 3 months)
Remaining DC value 0.0775% per month (minimum 3 months)
Minimum Charge AED 465
DC cancellation fee AED 150
Special types of DCs
Revolving DC opening commission (also payable at each 0.25% per month (minimum 3 months)
reinstatement) Minimum charge AED 465
Revolving DC reinstatement fee 0.25% per reinstatement (minimum AED 465)
Back to back DC opening commission 0.25% per month (minimum 3 months) minimum charge AED 675
Standby DC opening commission 0.2% per month (minimum 3 months) minimum charge AED 465
Charges for amending DCs after issuance
Increase the DC amount or extend the expiry date (a) Commission payable on the increased amount or extended period
according to the scale for opening DCs (minimum AED 150)
DC amendment processing fee (Base) AED 150
Other amendments processing fee AED 150
Processing and transmission fees - For all types of DCs and amendments
Transmission fee for DCs by SWIFT AED 300
Transmission fee for DCs via HSBCnet - internet for trade services AED 150
Additional charge for DCs over three pages (SWIFT) AED 100 per additional page
Amendments transmission fee (SWIFT) AED 200
Amendments transmission fee for DCs via HSBCnet - internet for AED 150
trade services
Charges for usance DC bills
Usance commission (for the tenor of the bill) 0.155% per month (minimum AED 250)
Usance processing fee AED 100
SWIFT advice of acceptance AED 100
Charges for Sight DC bills
Sight DC bill processing fee AED 100
Handling charges for discrepant bills
Discrepancy fee (recovered from exporter) AED 400
SWIFT advice of discrepancies AED 100
Additional SWIFT messages AED 100 per message
Discrepant DC bills not accepted within 14 days AED 100
Notes:
(a) These charges will apply irrespective of the extension to the validity being within the minimum of 3 months charged at the time of issuance.

Continued
 HSBC UAE - Tariffs and Charges.

Imports (Cont.)
June 2015

Charges for import collection bills

Handling commission (a) 0.125% of bill value (minimum AED 250)
Avalisation of drafts Additional 0.155% per month from acceptance to maturity
(minimum AED 375)
SWIFT acknowledgement to remitting bank AED 100 will be charged to drawer
Acceptance processing fee AED 100
SWIFT advice of acceptance AED 100
Processing fee for amendments, if any AED 150
Charges for shipping guarantees, delivery orders and custom duty guarantees
Commission on shipping guarantees and delivery orders (b) 0.125% of the invoice value for the first month and 0.25% of the
invoice value per month on subsequent months till receipt of original
shipping/air way bill documents (minimum charge AED 200)
Charges for financing import bills
Open account import loan commission 0.0625% of loan amount (minimum AED 200)
Swift charges for open account payment AED 100
Finance interest (c)
As per arrangement
Extension to import loan tenor AED 250
Charges for payment of Import bills under DC and collection (d)
Charges per SWIFT AED 100
Notes:

The above charges are applicable for DCs / amendments established by SWIFT. For DCs / amendments established other than by SWIFT, HSBC reserves the right to levy
additional transmission fee.

All other charges for special types of DC as per normal irrevocable DCs.

(a) Handling commission is charged regardless of whether documents are released against payment / acceptance or released free of payment.
(b) If guarantees are secured by full cash margin, only the minimum AED 150 charge will be levied.
(c) Rate of interest charges on import bills financed and loans are subject to prior arrangement and are applicable from the date.
(d) In addition to these charges a reimbursement fee of AED 150 will be deducted from the proceeds paid to the beneficiary. Two SWIFT messages are required to make a
payment in case of a DC bill, sight collection bill and three messages are required in case the bill is collection usance at a charge of AED 100 each.
 HSBC UAE - Tariffs and Charges.

Exports
June 2015

DC Advising
DC advising commission AED 250
DC amendment advising commission AED 150
Advising of courier / airmail DC’s AED 400
Advising of amendment to courier / airmail DC’s AED 200
Advising DCs / amendments to non HSBC customers Additional AED 100
Confirmation of export DCs
DC confirmation commission Available on request (a)
(minimum charge AED 500)
Charges for transferring DCs
Transfer of DC 0.125% of DC value
(minimum AED 800)
Transfer of DC with more than 3 pages Additional AED 100 per page
DC transmission fee (c) AED 300
DC amendment transmission fee (b) AED 200
Processing amendments for transferred DC (if the DC value is increasing) 0.125% of DC increased value
(minimum AED 300)
Export bills under DC
Handling commission 0.125% of bill value
(minimum AED 300)
Additional documents checking fee (For multiple invoices submitted under one document) AED 100 per additional invoice
Discrepancy fee AED 400 per set of documents
Acceptance processing fee (For usance documents) AED 150
Export bills for collection
Handling commission 0.125% of bill value
(minimum AED 300)
Acceptance processing fee AED 150
Other charges
Courier fee (for sending documents to issuing/collecting bank) (c) AED 200 per document
Export bill amendment fee (if the bill value is increasing) 0.125% of the increase
in the bill value (minimum AED 200)
SWIFT messages AED 100 per message
Handling of revised/additonal documents both under DC as well as collection AED 100 plus courier fee
Assignment of proceeds (export DC and bills) AED 500
Continued
 HSBC UAE - Tariffs and Charges.

Exports (Cont.)
June 2015

Charges for financing export

Processing fee on packing credit AED 300
Export loan commission 0.125% of loan amount
(minimum AED 250)
Min export bill interest charge (d) AED 250
Extension to Export loan tenor AED 250
Charges on payments
Commission In Lieu of Exchange (CILE) (e) 0.25% of payment value
(minimum AED 200)
Notes:

(a) Prices for confirmation of export DCs will be based on current assessments of the default risk faced in dealing with specific banks in specific countries. Your Relationship
Manager will be able to provide you with up to date prices for any particular bank in a given country. HSBC’s minimum charge for DC confirmation is AED 500

(b) The said charges are applicable for DCs/amendments transferred by SWIFT. For DCs/amendments transferred other than by SWIFT, HSBC reserves the right to levy additional
transmission fees

(c) Bulk items will be charged according to their weight

(d) This charge will be levied in lieu of interest in the event the accrued interest is less than AED 250. Rates of interest charged on export bills financed and loans are subject to
prior arrangement and are applicable from the date of financing until the date of reimbursement/settlement.

(e) Charged on foreign currency disbursements which do not involve foreign exchange

(f) In addition to our charges correspondent banks may deduct fees of their own from bill proceeds. HSBC’s will identify these to you as other bank charges.
 HSBC UAE - Tariffs and Charges.

Other Trade Services Charges

June 2015

Past due import bills and loans

Import usance DC bills not paid on maturity AED 200 per month
Import collection bills not paid on maturity AED 200 per month
Import collection bills not accepted within one month from presentation AED 200 per month
Import loans not paid on maturity AED 200 per month
Return of unpaid/unaccepted import collection bills (2 months from recording/maturity date) AED 400
Overdue/Unaccepted export bills and loans
Sight export bills not paid within one month from date of dispatch AED 200 per month
Usance export bills not accepted/paid within one month from dispatch / due date AED 200 per month
Export loans not paid within one month from due date AED 100 per month plus
penalty interest
Returned unpaid/unaccepted export bills AED 500 plus other bank charges
Other miscellaneous charges
SWIFT messages (including chasers) AED 100 per message
Additional courier fees AED 200 per document
Local faxes sent at customer request AED 25 per fax page
Overseas faxes sent at customer request AED 50 per fax page
Misc MIS/Monthly outstanding reports etc Min AED 250
Free services
Email copy of SWIFT export DC/amendment advised Free
Email copy of export/import advices Free
Hard copy of advice of transactions Free
Personalised advice from certified documentary credit specialists Free. Detailed training / transaction
consultancy support can be arranged
at an appropriate cost.
Access to HSBC’s worldwide network of over 9000 offices in 80 countries Free (only out of pocket expenses will
be recovered)
 HSBC UAE - Tariffs and Charges.

Guarantees
June 2015

Guarantees issuance
Fixed expiry guarantee 1.875% per annum (minimum
commission of 3 months or AED 300
per year - whichever is higher)
Open-ended guarantee 2.5% per annum (minimum
commission of 3 months or AED 300
per year - whichever is higher)
Guarantee amendments and other expenses
Guarantee amendments AED 100 minimum, plus as above
for increase in guarantee value or
extension of period.
Out of pocket / other charges • Courier fee AED 150

• Guarantee processing fee AED 100

(Guarantees received via HSBCnet -
Guarantee processing fee WAIVED)

• SWIFT AED 100 per SWIFT

• FAX AED 25 per page

• An additional charge covering

Ministry of Labour charges will
be levied for each labour guarantee
issued under the e-guarantee system
Charges for advising correspondent bank guarantees AED 250
Charges for advising amendments to Correspondent bank Guarantees AED 150
Handling charges for claims made on behalf of our customers, on other Banks AED 250
Correspondent Bank Charges, where applicable Will be recovered as per actual

Issued by HSBC Bank Middle East Limited U.A.E Branch, P.O. Box 66, Dubai, U.A.E, regulated by the Central Bank of the
U.A.E for the purposes of this promotion and lead regulated by the Dubai Financial Services Authority. V160330